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RE: The Mathematics of Fractional Reserve Banking

in #mathematics8 years ago

Replying here due to nesting. No. Credit unions (at least ones in the US) fall under the same "depository institutions" category as banks... they have the same reserve requirements.

Damn. Unfortunately I applied Fractional Reserve to my wallet and so I've already spent that 20 Steem on beer. :(

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looks like you did alright on that post about the bankz guy